Market Design for Rapid Demand Response - The Case of Kenya

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Kurt Nielsen; Tseganesh Wubale Tamirat;
  • Subject: Demand response, auction market, contracts, simulation

We suggest a market design for rapid demand response in electricity markets. The solution consists of remotely controlled switches, meters, forecasting models as well as a flexible auction market to set prices and select endusers job by job. The auction market motivates... View more
  • References (18)
    18 references, page 1 of 2

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